CAC Next Index Buy Hold or Sell Recommendation

Name: CAC Next: Hold
Start: 2023-03-30
End: 2023-03-30
Location: CAC Next 20

Summary

CN20 Index

11,074 175.83 1.61%

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding CAC Next 20 is 'Hold'. Macroaxis provides CAC Next buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CAC Next positions. The advice algorithm takes into account all of CAC Next's available fundamental, technical, and predictive indicators you will find on this site.

The advice is provided from CAC Next's buy-and-hold perspective. Check out Trending Equities.

Execute CAC Next Buy or Sell Advice

The CAC Next recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CAC Next 20. Macroaxis does not own or have any residual interests in CAC Next 20 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CAC Next's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice

Hold

Economic Sensitivity

Insignificant

Details

For the selected time horizon CAC Next 20 has a Risk Adjusted Performance of 0.0595, Total Risk Alpha of 0.0548 and Sortino Ratio of 0.0451

CAC Next Returns Distribution Density

The distribution of CAC Next's historical returns is an attempt to chart the uncertainty of CAC Next's future price movements. The chart of the probability distribution of CAC Next stock daily returns describes the distribution of returns around its average expected value. We use CAC Next 20 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CAC Next returns is essential to provide solid investment advice for CAC Next.

Mean Return	0.06	Value At Risk	-1.49
Potential Upside	1.36	Standard Deviation	1.02

Return Density

Distribution

Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CAC Next historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Backtest CAC Next 20

CAC Next Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to CAC Next or CAC Next 20 sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that CAC Next's price will be affected by overall index market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a CAC Next index's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.

α	Alpha over NYSE Composite	0.00	Details
β	Beta against NYSE Composite	0.00	Details
σ	Overall volatility	1.01	Details
Ir	Information ratio	0.05	Details

CAC Next Volatility Alert

CAC Next 20 has relatively low volatility with skewness of -1.0 and kurtosis of 2.23. However, we advise all investors to independently investigate CAC Next 20 to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CAC Next's index risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CAC Next's index price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

CAC Next Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CAC Next . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

	Accumulation Distribution	363421.0
	Daily Balance Of Power	1.215723
	Rate Of Daily Change	1.02
	Day Median Price	11027.03
	Day Typical Price	11042.71
	Market Facilitation Index	0.0
	Price Action Indicator	134.96

Use Investing Ideas to Build Portfolios

In addition to having CAC Next in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Entertainment Thematic Idea Now

Entertainment

Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Entertainment Theme or any other thematic opportunities.

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Check out Trending Equities. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for analysis

When running CAC Next 20 price analysis, check to measure CAC Next's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CAC Next is operating at the current time. Most of CAC Next's value examination focuses on studying past and present price action to predict the probability of CAC Next's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CAC Next's price. Additionally, you may evaluate how the addition of CAC Next to your portfolios can decrease your overall portfolio volatility.

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